Copper edges up on tighter nearby supply, focus on US-China trade talks

From brecorder.com

Copper prices edged up in London on Friday, supported by a weaker dollar and tighter nearby supply, reflected in the premium for nearby copper contracts against those further along the maturity hitting a two-and-a-half-year high. Benchmark three-month copper on the London Metal Exchange (LME) rose 0.1% to $9,443 a metric ton by 0955 GMT. U.S. President Donald Trump said on Thursday he expects there to be substantive negotiations between the United States and China on trade this weekend and predicted that punitive U.S. tariffs on Beijing of 145% would likely come down. “The talks provide potential for the ... (full story)